How to choose travel insurance with the appropriate coverage? When traveling abroad (especially outside the European Union) it is very common to opt for travel insurance.
The reasons are mainly health coverage and security against trip cancellation, one of the many additional guarantees that this type of policy has.
Within the European Union we are covered by the health card against multiple unforeseen events of this nature. But the same does not happen outside the borders of the EU. For example, in the United States or Australia, a day in the hospital can cost around 6,000 euros and a repatriation can cost 100,000 .
In many cases, if the health expenses covered by the policy are very small, we will be forced to pay a large sum, even having contracted insurance . What to do to be able to go on vacation with complete peace of mind? In this post we give you the keys to choosing good travel insurance:
1. Adequate medical care coverage
Medical, surgical, pharmaceutical and hospitalization expenses are often the most worrying, and rightly so, for people traveling abroad. In this sense, we recommend carefully studying the maximum expenses included in insurance for this item. Some insurance policies are excessively cheap because they include coverage that only reaches, for example, 12,000 euros, while any unforeseen event abroad such as an appendicitis operation will be much more expensive.
We always recommend that medical expenses be above 150,000 euros and when contracting travel insurance with us we will always offer you coverage of at least this figure by default.
2. Two other essential coverages
We have insisted a lot on medical assistance. But there are two other coverages that are also very important when going on vacation or taking a business trip: repatriation to the country of origin and civil liability.
Repatriation occurs due to illness, accident or death and is one of the most expensive services that must always be covered with a high amount .
For its part, civil liability is another one that we usually include in all cases, since it includes personal damages to third parties caused by the insured involuntarily.
3. Study well the most convenient travel insurance
As we explained in our post about travel assistance insurance coverage , health care abroad is omnipresent in almost all insurance of this type. In any case, it is important to consult the rest of the options offered by the insurance and see if any that are left out would be convenient for our trip.
Many times these policies are packaged and include, in addition to health coverage, guarantees for our luggage, flight delays, cancellations, trip cancellation… In many cases when contracting online insurance there is no option to add some coverage that we consider interesting for our kind of vacation. Therefore, it never hurts to receive advice in person from professionals who can tell you which is the most appropriate option.
4. Think about added risks
Are you going to carry out sports activities abroad? It is important to emphasize that most policies do not include accidents resulting from sports such as skiing or diving, which are so common on vacations. Therefore, as we explain in our article on sports accidents in travel insurance , we always ask our clients about the activities they are going to do during the trip.
5. Caution with online comparators
Finally, we recommend that you be very cautious with online comparators. As we have mentioned, it is possible that not all options are considered and that in the end you end up with insurance that does not cover you for the activities you are going to do… And that what is cheap ends up being expensive.
However, at Moné Seguros you can take out travel insurance with the great advantage that we have travel insurance with group rates applicable even if the trip is only for one or two people. The peace of mind of personalized advice and the benefit of an affordable price.